Located at 2470 Highcrest Road, Highcrest II & III will be located across the street from Meritex’s Highcrest Distribution Center, a fully-leased 130,000-square-foot property. The development offers quick access to Interstate 35W, highways 36 and 280, downtown Minneapolis and St. Paul. Additionally, the properties will be in close proximity to a multitude of retail, restaurant and hotel locations in the Roseville area.

“The Northeast metro submarket has seen a tremendous amount of activity throughout the last several years as growing companies look to expand and others look to consolidate operations in newer, better spaces,” said Stokes, Cushman & Wakefield senior director, in prepared remarks. “The market has only just become aware that this opportunity is available, and there’s already healthy interest in the new Highcrest II & III.”